The more and more I'm learning about real estate, I am finding that a really good way for me and my wife to jump into REI is to use an FHA loan and buy a multi-family and live in one of the units for a year or more.Th...
I stopped by one of the friendliest mothers I've ever met today and I really want to help her out. She responded to a bandit sign and here is here situation:Loan Originated 2007Loan Balance $100kInterest Rate: 9%Origi...
A subdivision went bankrupt and there are lots selling at a discounted price. The lots are zoned as Single Family how challenging is it to switch to a Multi Family zoned lot?
Just want some feedback on preferences. If cashflow/roi are similar. Would you rather invest in single family rentals or multi family and why?
Hi all! Anyone familiar with Ossining, NY? I want to put in an offer on a home based upon the fact that all surrounding homes are two family (this is in a 2 family zone) and wondering if I want the same would it be ha...
Investment Info:
Single-family residence fix & flip investment in Indianapolis.
Purchase price: $118,000
Cash invested: $310,000
Sale price: $385,000
Converting home setup as multi family wit...
Hello,I will be purchasing my first property soon. I am in the Northeast, and was wondering if it would be smarter to purchase a three-family home, live in one unit (for 12 months w/FHA) and rent the other two out, an...
Hi BP Forums,Have a question that may be tough to answer - it's probably very dependent on local regulation. But I need to start somewhere, and formulate my approach...I viewed a 2-family house yesterday. Beautiful ...
I am working with a seller who is looking to sell her 6 family property that she is living in and purchase a 2 family house where she will occupy one of the units.Assuming the 6 family property is sold for $1,500,000 ...
Complicated post and I realize this might be more geared to a CPA, but figured I would try here and see if anyone else has come across a similar situation. Will itemize for brevity purposes:- Mother wants to move to S...